Speed to market.(Out Of The Box)(Indonesia supplies liquid natural gas to U.S.)(Brief Article)

Bolivia may have missed the chance to sell its gas to the U.S. West Coast. As the landlocked Southern Cone country hangs on the decision of choosing between Peru and Chile to move its untouched natural-gas resources, Indonesia has landed a huge liquefied natural-gas deal in North America. U.S. oil and gas company Sempra Energy LNG, along with the U.K.'s BPMiGas and British Petroleum, has signed a 20-year agreement to receive 500 million cubic feet of gas per day from Indonesia's Tangguh liquid natural gas facility at a new terminal in Baja California, Mexico, which will be operational by 2007. The supercooled gas will be carried by ship over the Pacific. Indonesia has gained a significant market share in Taiwan, Japan and Korea. It now sees the United States' West Coast--which includes power-hungry states like California--emerging as a big potential market.

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